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sdrc92126
Tom Bilyeu
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Comments by "sdrc92126" (@sdrc92126) on ""Why You Can't Afford Anything!" - How The Economy Became One Big Ponzi Scheme | Raoul Pal" video.
@Gizziiusa It's worse than you know and it can't be shared
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That is the goal of central banking/using debt as currency
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Kinda like the biblical Egypt
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Borrow money. Buy house. That borrowed money creates inflation. Sell house 1 year later for double the price. Repay original loan. Keep the difference. Repeat.
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@joshchurch785 People are not efficient deciders of resource allocation. That's a job best left to techocats🐱
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@PazLeBon Not sure I understand? Is populism bad, it was supposed to be a good thing for most of my life?
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Read the 10 planks of comminism, I can't post them
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@andyscottow2250 When you pay into SS, SS buys bonds. The payment of those bonds are grandma's monthly check
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until it affects them. The newspapers are out there fortifying our democracy
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You are obligated to repay the loan through taxes. The dollars in your pocket belong to the government and must be returned with interest (the rental fee for borrowing them).
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When money is debt, the only way to repay debt is through more debt. And more debt to repay that debts. And mor............
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@green3488 How? The system is running out of money.
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“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ― Henry Ford Can you imagine this system dumbed down enough for the average person and made into a movie?
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In the bible, all of the gold(money) belonged to the king and was borrowed by the surfs. Every 50 years (the lifespan of a fiat currency), all private debts were forgiven (jubilee) and all money was returned to the source (the king) to start the cycle anew.
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@keithschmolze7653 Yes and no. We live in debt based money system and that requires growth, because without infinite growth, a ponzi scheme collapses. Debt based systems are popular with the people because it allows them free toys without having to pay for it
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See The Fabian Society: the masters of subversion unmasked. Communism is the end goal, Utopia. Socialism is the process (opium) to get there
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It literally can not and could never have been paid off. You cannot pay off debt with more debt.
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That false. The elite are always wiped out during societal breakdown so it's in their best interest to keep civilization stable
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Free money and tens of millions of people who want homes, what can go wrong?
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Instead of the 50 yearly 4.0 earthquake, we get 1 9.0 earthquake every 50 years
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The Fabian Society: the masters of subversion unmasked Know their plan
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@HoneyBadger80886 Why do you say the money is broken and not working as intended?
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No, debt money is the weapon of socialism to get to communism. Marx says this in the communist manifesto. "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
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@PazLeBon There are other examples, but that's the most famous and why history is not a thing anymore. And probably why Jews are dangerous to the system
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It's complicated ad takes a lot of math to explain
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As intended by Marx. It was the plan to get to communism(utopia)
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@PazLeBon They both follow Fabian socialism
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@PazLeBon Fidel Castro was a populist. The current president of Mexico, Andrés Manuel López Obrador, is a populist. wikipedia lists dozens
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Everyone operates in the environment into which they are placed. An environment that has been built up for this purpose for 140 years to cause civilizational collapse. The Open Conspiracy by HG Wells....it sure has been accurate🤔
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Has nothing to do with the US
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Or succeeded depending on your perspective 🤔
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